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to parliament calling for fresh elections over the government's handling of the economic crisis. so how big a role does this political push back have in the european financial crisis? for insight i'm joined by a professor at the university of chicago. and professor, i thought we solved this problem already? what is going on? >> i left it to you, melissa. i'm really shocked it continued. melissa: but, on a very serious note, i mean we have sort of shored up the financial piece of this, a bit, right? but it looks like everything has blown up again. break down for me what is going on. >> there's a short-term liquidity crisis, meaning that the banks didn't have enough machine any, that sort of thing, that they were in danger. one of the really extraordinary things that mario draghi, the head of the european central bank, did this summer was really moved together with the leadership of the european union, led by, angela merkel, to shore up those short-term problems but over the medium term and the longer term the lenders, which would be germany and the scandinavians, have to adjust, and they adj
demanding parliament be dissolved and elections be held. we'll bring you the details on the ground in madrid coming up. meanwhile, the market closing at the lows of the day. things intensifying at the end of the day amidst what's happening in spain as well as the week that we are ending, the third quarter. expectations that earnings are coming in after caterpillar warns and fedex a couple weeks ago. liz saunders says she's beginning to see things in this market that can be a good thing. she joins us now along with janua own rick santelli. what would you attribute this end of day selling to today? >> i think on some technical measures, the market certainly is a bit overbought. we've been saying we wouldn't be surprised to sew ed td to see al back. i think it shows maybe there were itchy traders looking to take some profits. clearly what's going on in spain brings the problems there back to light and we thought would continue to provide short-term volatility from time to time. so far, i wouldn't get too terribly concerned about what we're seeing today. >> what about, mark, the third quarter? w
not onlyo win the presencyutge re-elected. mr. romney would do better to focus more on reducing his unforcedrrors and less on the fourth estate's political bias. ifhining about the liberal media was a winning strategy for republicans, newtingrich wou be t mi" well, and newt gingrich is a great example -- i don't mean to go back there -- a great example of the problem we're talking about here. because -- >> no. >> -- no, instead of stepping forward and separating himself from this candidate, he somehow, becausof his party -- at distraction.. >> it is. >> i'm talking about the presidential race. we're one week out from the first presidential debate, and we have brand-new polling out this morning from three separate swing states that show this race is slipping away. >> and they're the big e. andhey' tigth mika. >> yes, they are. are you ready? >> i'm ready for you to talk about the presidential race. >> zip it. according to the latest quinnipiac university/new york times/cbs news poll of likely voters, it's actually related -- >> no, it's not. 1rcage points in ohio.ry no republican has
calls that sent everyone into a frenzy. >>> just 42 days until elections. the battle over voter ids is intensifying in sever states. tens of thousands you may not have your votes counted. tote in pennsylvania, the state is trying to prove that it's new voter id law will not is enfranchise voters. and a justice department decision is being discussed in another state. >> can they hear us across the street? >> reporter: as the pennsylvania supreme court pree paired to hear argue lts on the new voter id law, the naacp protested what they call a thinly veiled attempt to suppress voters. >> we have seen more states, pushing more laws, pushing more voters out of the ballot box than we have seen in the past 100 years. >> reporter: it is a scene played out in states across the country. civil rights groups pushing back against voter id laws. >> the effort to change the rules of the game at the last minute is a really misguided effort. >> reporter: wednesdndy wiser s hundreds of voters may not have the right id. the elderly, college students, poor people, blacks and latinos. groups that tradit
have shifted by about three points in each of the last couple of elections, and they tend to go against the incumbent administration. yes, there are questions about turnout. we expect to see a higher turnout among seniors, a slightly higher turnout among white voters, perhaps slightly higher among latinos, but most importantly we expect there will be fewer democrats relative to republicans in 2012 than there were in 2008. cheryl: scott, let's stay on this demographic issue because back in 2008 the turnout was actually higher for african-americans, obviously, most of them going for president obama. at the same time, normally that turnout number is about 11%. is it your sense in the numbers that you're seeing and tracking that we're going to see more of that realistic 11 percentile of african-american voters turning out this election? >> i believe the african-american turnout itself will be just about the same as it was in 2008. however, i believe the white turnout will be a little bit higher. there were a lot of seniors who were very discouraged with the choices last time around, so i be
walter mondale's people were blaming the polls back in 1984 a day before the election. the day before reagan got 49 states. blaming everything else but where the blame lies. and that is mitt romney and his horrible campaign. peggy noonan was right. you know, these idiots blast people like peggy noonan, these idiots blast people like "the wall street journal." these idiots blast people like laura ingram. why aren't you a loyal republican? well, i think a loyal republican says the house is on fire. and time's running out. if we want to save this house, we'd better do it now. i tried that a couple of weeks ago. guess what? time's running out. you know when early voting starts in ohio? less than a week. >> 26 states have already started voting. >> 26 states have already started early voting. in ohio where we're going to show some polls this morning that show just how horribly mitt romney's doing in ohio. you know what? i was saying last week there are 45 days. there aren't really 45 days left. they've got to turn this thing around or they lose. this is what jason riley wrote in "the wall
election day, some political writers are pointing out a suddenly tougher tone from governor mitt romney. he is on the attack, being more clear, more concise and more forcefully calling out the administration's policies that he is arguing have hurt america. it comes as both candidates hit the key battleground state of ohio today. the president is expected to speak in moments at a campaign event in bowling green, at bowling green state university, and governor romney is going to hold a manufacturing round table. the governor earlier today focused on the economy. >> do we really want four more years with 23 million americans struggling to find a good job? >> no! >> i mean, do we want four more years where half the kids coming out of college can't find work or college-level work? >> no! >> do we want four more years where every single year the take home pay goes down? >> no! >> do we want four more years of trillion dollar deficits? >> no! >> yeah, i don't believe we can afford four more years like the last four years. the people of ohio are going to say loud and clear on november 6th we can't
? we are six weeks out from this election. >> well, look now, six weeks is a relatively short time in politics, but -- in real life, but in politics it's eras. six weeks ago the race looked different, and we have had a million different tempests in teapots that both campaigns have flapped their wings tourously about. but in reality this is a long time in politics with three debates. we've heard the tough new tone from romney before. we certainly heard it when they rolled out paul ryan, the number one deficit hawk in the house. we've heard this before. the question for romney is, will he stick? will he stay there, and will he continue to prosecute president obama's record and policies in a more robust way? because in the past what he's done is tried the tough new tone and not stayed there. megyn: well, he's taking it a step farther, right? it's not just about his policies, but it's about his ideology and an argument that he sees the world differently than mitt romney sees the world and, you know, there was that tape earlier, the 1998 tape of barack obama and talking about redistribu
of the partisan fight that is our presidential election and other elections around the country. and i think it is difficult at times, frankly regrettable that some candidates have tried to seek political gain in characterizing this one way or the other. i really think what we should be focusing on is the important lessons we can learn from this, and sustaining america's engagement in a critical part of the world, whereas you know, there are so many other places that demand and need our attention and engagement. >> i know you spend a lot of time folk us on those, as well. senator coons, thank you very much. one of them is mali. >>> also in the speech today, the president used his platform to lay out his successes in foreign policy over the past four years. it was a very specific list, but does it add up? >>> and mitt romney took a stab at a vision for foreign policy and said there should be very specific conditions for a country to get foreign aid from the united states. >>> and a college student nearly dies after consuming alcohol. but how he got it into his body might shock you. mera ahhhh
adversaries. >> let's go to the election. you have a 50-50 race. >> it looks like a tossup for president. the house will stay in republican hands but no one can be sure. >> how does the risk affect your strategy. i think the sentiment is that obama is probably going to win. i have been pleasantly surprised to see how the stock market has been in the polls. i think if the election were here today obama would win. but, so that basically if romney starts to do better i think that is good news for the stock market. by hook or by crook do you think the hook will be solved? even congress doesn't want a recession. i don't care about the composition of congress. they know that a $450 billion tax hike will doom us. do you assume that they are going to get through the fiscal cliff without falling off it? >> i would say this though, i think there is enough strength from the home building and the rising house price impact on the economy, that if we do go over, that i think we will avoid a negative consequence and bear in mind that the open-ended decision by the fed to go to qe 3. i think he will be
's right. and any presidential election one way or another it is going to be about the economy, no matter how hard the candidates try to deny that. the most amazing one perhaps of all time is indeed the incumbent obama who is running as though the economy during his term didn't happen or at least if it happened, it was the fault of somebody who was president four years before him and what he wants to talk about is the economy he's going to create starting in january 13 which will consist of people having green jobs, making windmills and solar panels. i think the american voters are probably getting a little bit frustrated that no one will talk about the economy as it exists right now, dropping to 1.3% in the second quarter. the united states economy is barely, barely moving. now i think voters want to know what's going on. dagen: what's going on with mitt romney, he can't seem to put together a cohesive discussion about the state of the economy that is resonating with voters. you mentioned in the column that he was talking about trade cheaters and energy independence, which seem wholly re
. i think he understands with the u.s. election right now he's not going to push for a full vote. >> the timing is everything. he doesn't want to try to take away from that? >> prime minister netanyahu, i this i, a lot of people are seeing this as his final warning on iran. he only has one goal in mind. iron is the single topic of the day. i think he's going to warn the world about iran's nuclear program. i think we've been talking this week about red lines that he doesn't want iran to cross before the united states would be involved in military action. i think he's going to lay out what his red lines are and to say to the world, listen, this is a crisis that the whole world has to deal with. i think this is seen as his final warning that if we done see movement on this issue, israel will have to act. >> i want to talk about the iranian president. i'll let you first eat a little crow. you made a prediction that was wrong. >> i thought -- i said yesterday on this show that i thought ahmadinejad would kind of go for broke, kamikaze in his last u.n. general assembly. instead, he tal
on debt and obama is better at the economy? >> no. it remind me of 1936 when fdr ran for re-election. unfortunately, they were wrong and we went into a terrible decline after that. you know, americans are naturally optimistic. they see that kay shiler is up the past three months. they figure housing is getting better. i can tell you from our perspective at tangent where we spend our time raising money for funds and private companies, that's not the case. >> peter, what about in the meantime we have the fiscal cliff issues. is that keeping the markets in check right now? what do you think investors are waiting for or hoping for come december 31? >> well, the s&p 500 is near a multiyear high. i think the fiscal cliff is not what they're thinking about right now. i think right now, and i specify that the market's time has shrunk dramatically, the focus on this tug of war between the central banks and the reality that on the other hand the economy is slowing down. i think the markets will focus on the fiscal issues on the first tuesday in november. >> peter, what do you think is going on
. >> only game in town. central bank bull market. >> goes back and looks at every presidential election year i think going back to '28. s&p the first half peak is normally april 6th. this time it was april 2nd. second half peak is normally september 7th. this year september 14th. the pattern and it usually comes with a nice fourth quarter, they say obviously history doesn't always run exactly but pay attention to some of these patterns. it's shaping up to be historically a recognizable year. >> i thought it was interesting. the one difference is that, oh, boy. i hate to say this because it is not meant to be nonpatriotic but we are not as important to our equity markets as we were. we are -- we see our markets, we were doing fine. it's been a long time since this period obviously but where i look at the european market i see spain down and i see a seller market. we're not charging and i don't even want to for a moment pretend we are. >> speaking of which european markets are moving a little bit lower. we'll wait for the results of spain's bank stress test due out in about three hours from no
, about 25% of voters cast a ballot before election day. it was higher in 12 major swing states. that's why you see urgency from both candidates this week. let's huddle up around the water cooler to marvel at the spread of not so much western democracy but of western fast food across the globe. sure we at home have the dairy queen bacon sundae. but the strangest fast food now overseas. seven he leven you might remember this one, singapore, mashed potato dispenser. shoots out a cup of mashed potatoes and gravy for just $1. those are not mashed potatoes. now pizza hut middle east is changing the stuffed crust game. >> fill us with more fun with the cone crust pizza filled with luscious cream cheese and honey mustard coated chicken, wrapped with fun, delight, and deliciousness. >> are we sure that's not an "s&l" skit. it is pizza with cone shaped dough filled with cream cheese and honey mixed with chicken. the chain also offer a golden crown cheeseburger pizza. a pizza size slab of dough with mini cheeseburgers baked into the crust. it create a crown encircling a bed of toppings and spec
Search Results 0 to 23 of about 24 (some duplicates have been removed)